- Reuters
Bank of America CEO expects 10% to 15% jump in investment banking fees in Q2
Bank of America's investment banking fees are expected to rise 10% to 15% in the second quarter from a year earlier, CEO Brian Moynihan said on Thursday, after an almost two-year industry slump due to market volatility, rising interest rates and geopolitical turmoil. Goldman Sachs President John Waldron also said on Thursday that equity capital markets are recovering, but at a slower clip than debt markets. Wall Street bosses have said they are finally seeing signs of a broader pickup in investment banking as equities trade near record highs, while corporate clients adjust to high interest rates for a longer period.
- Zacks
Investors Heavily Search Bank of America Corporation (BAC): Here is What You Need to Know
Bank of America (BAC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- Zacks
Bank of America (BAC) Stock Declines While Market Improves: Some Information for Investors
Bank of America (BAC) closed at $39.32 in the latest trading session, marking a -0.96% move from the prior day.
